For the quarter ending 2025-09-30, KAR has $4,816,600K in assets. $119,300K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 119,300 | 119,100 | ||
| Restricted cash | 27,100 | 29,700 | ||
| Trade receivables, net of allowances of 7.8 and 6.7 | 354,100 | 305,900 | ||
| Finance receivables, net of allowances of 23.0 and 19.8 | 2,494,700 | 2,355,800 | ||
| Other current assets | 110,800 | 94,300 | ||
| Total current assets | 3,106,000 | 2,904,800 | ||
| Goodwill | 1,241,700 | 1,244,900 | ||
| Customer relationships, net of accumulated amortization of 453.8 and 437.4 | 106,500 | 110,900 | ||
| Other intangible assets, net of accumulated amortization of 538.4 and 487.4 | 147,400 | 151,500 | ||
| Operating lease right-of-use assets | 60,300 | 62,900 | ||
| Property and equipment, net of accumulated depreciation of 137.6 and 159.4 | 102,200 | 104,200 | ||
| Other assets | 52,500 | 59,100 | ||
| Total other assets | 1,710,600 | 1,733,500 | ||
| Total assets | 4,816,600 | 4,638,300 | ||
| Accounts payable | 690,700 | 645,000 | ||
| Accrued employee benefits and compensation expenses | 46,500 | 43,700 | ||
| Accrued interest | 6,200 | 6,500 | ||
| Other accrued expenses | 91,700 | 83,800 | ||
| Income taxes payable | 9,700 | 5,600 | ||
| Obligations collateralized by finance receivables | 1,816,900 | 1,724,800 | ||
| Current maturities of long-term debt | 15,800 | 0 | ||
| Total current liabilities | 2,677,500 | 2,509,400 | ||
| Long-term debt | 0 | 0 | ||
| Deferred income tax liabilities | 26,900 | 26,100 | ||
| Operating lease liabilities | 54,800 | 56,800 | ||
| Other liabilities | 18,300 | 17,900 | ||
| Total non-current liabilities | 100,000 | 100,800 | ||
| Series a convertible preferred stock | 612,500 | 612,500 | ||
| Common stock, 0.01 par value authorized shares 400,000,000 issued and outstanding shares september 30, 2025 106,449,867 december 31, 2024 106,849,134 | 1,100 | 1,100 | ||
| Additional paid-in capital | 696,300 | 713,700 | ||
| Retained earnings | 774,700 | 737,900 | ||
| Accumulated other comprehensive loss | -45,500 | -37,100 | ||
| Total stockholders' equity | 1,426,600 | 1,415,600 | ||
| Total liabilities, temporary equity and stockholders' equity | 4,816,600 | 4,638,300 | ||
OPENLANE, Inc. (KAR)
OPENLANE, Inc. (KAR)